News Releases

TRW Secures Passive Entry Business; Utilizes Electronics Expertise to Offer Enhanced Convenience, Cost and Features

Nov 17, 2011

LIVONIA, Mich., Nov. 17, 2011 /PRNewswire/ -- TRW Automotive Holdings Corp. (NYSE: TRW), the global leader in automotive safety systems, is expanding its vehicle access product portfolio to include advanced Passive Entry systems and has secured initial business awards in North America.

(Photo:  http://photos.prnewswire.com/prnh/20111117/DE08941)

Passive Entry (PE) systems take the benefits of traditional Remote Keyless Entry (RKE) system a step further and enable the car doors (and the trunk if desired) to be automatically unlocked when a person carrying the key-fob comes within close proximity of the vehicle, and lock automatically when the key fob holder moves away from the vehicle without any need to press the key-fob buttons – the fob can remain in a purse, handbag or jacket pocket. This maintains vehicle security while allowing a driver or passenger easy hands-free entry into the vehicle.

Beyond the convenience advantages, TRW has the electronics expertise to integrate the RKE / Passive Entry and Tire Pressure Monitoring System receiver functions into a single electronic control unit (ECU) to make these systems more affordable.

"There are many potential advantages to Passive Entry systems," said Martin Thoone, vice president, Global Electronics Engineering. "Once the fob has been recognized by the Passive Entry system a range of functions are available, such as lighting the interior at night time; starting the engine by simply pressing a start/stop button in the vehicle interior, and alerting the driver if they have left the key fob in the car with the engine running."  

"In addition, TRW is using its considerable experience in RF products including RKE and Tire Pressure Monitoring to find ways to integrate the electronics, cutting down on the number of components and simplifying the system installation while offering greater opportunities to deliver information and personalize the driving experience. For example the key fobs could store vehicle data including mileage, tire pressure data, vehicle service information and navigation map information, as well as personal settings for interior features such as seat and mirror positions and radio and air conditioning settings."

TRW expects to launch its Passive Entry Systems in 2012.

Ends

About TRW

With 2010 sales of $14.4 billion, TRW Automotive ranks among the world's leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, operates in 26 countries and employs over 60,000 people worldwide.  TRW Automotive products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services.  All references to "TRW Automotive", "TRW" or the "Company" in this press release refer to TRW Automotive Holdings Corp. and its subsidiaries, unless otherwise indicated.  TRW Automotive news is available on the internet at www.trw.com.

Forward-Looking Statements

This release contains statements that are not statements of historical fact, but instead are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995.  We caution readers not to place undue reliance on these statements, which speak only as of the date hereof.  All forward-looking statements are subject to numerous assumptions, risks and uncertainties which could cause our actual results to differ materially from those suggested by the forward-looking statements, including those set forth in our Report on Form 10-K for the fiscal year ended December 31, 2010 (our "Form 10-K"), and our reports on Form 10-Q for the fiscal quarters ended April 1, July 1 and September 30, 2011, such as: any developments related to antitrust investigations adversely affecting our results, cash flows, financial condition or reputation; tighter financial markets adversely impacting the availability and cost of credit negatively affecting our business; a material contraction in automotive sales and production adversely affecting our results or the viability of our supply base; commodity inflationary pressures adversely affecting our profitability or supply base; strengthening of the U.S. dollar and other foreign currency exchange rate fluctuations impacting our results; pricing pressures from our customers adversely affecting our profitability; any shortage of supplies causing a production disruption; increasing costs negatively impacting our profitability; the loss of any of our largest customers materially adversely affecting us; costs of product liability, warranty and recall claims and efforts by customers to adversely alter contract terms and conditions concerning warranty and recall participation; costs or liabilities relating to environmental, health and safety regulations adversely affecting our results; risks associated with non-U.S. operations, including economic and political uncertainty in some regions, adversely affecting our business, results or financial condition; any inability to protect our intellectual property rights adversely affecting our business or our competitive position; any increase in the expense of our pension and other postretirement benefits or the funding requirements of our pension plans reducing our profitability; work stoppages or other labor issues at our facilities or at the facilities of our customers or suppliers adversely affecting our operations; volatility in our annual effective tax rate resulting from a change in our valuation allowances position or other factors;   and other risks and uncertainties set forth in our Form 10-K and in our other filings with the U.S. Securities and Exchange Commission. We do not undertake any obligation to release publicly any update or revision to any of the forward-looking statements.

SOURCE TRW Automotive Holdings Corp.


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